Icahn group may oppose proposed Lexar, Micron merger

RuthMantell

SAN FRANCISCO (MarketWatch) -- A group led by billionaire investor Carl Icahn filed notice with the Securities and Exhange Commission Friday that it may "attempt to convince other stockholders to oppose the merger" between Lexar Media Inc.
lexr
and Micron Technology Inc.
MU, -3.49%
Last week Micron, the biggest U.S. maker of computer-memory chips, said it had agreed to acquire Lexar for about $690 million. The Icahn group told the SEC it is studying whether the merger deal represents Lexar's full value.

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